CHARLOTTE, North Carolina — The former owner of a well-known North Carolina wedding venue has pleaded guilty in federal court after admitting to operating a wire fraud scheme that defrauded customers and investors of more than $1 million over a period of more than a year.
According to the U.S. Attorney’s Office for the Western District of North Carolina, Jason Lottman, 43, of Charlotte, pleaded guilty to one count of wire fraud stemming from a fraudulent scheme connected to Champagne Manor, a popular wedding venue in Monroe, North Carolina.
Federal prosecutors stated that the scheme operated between October 2023 and January 2025, during which Lottman obtained more than $1 million from customers planning weddings and from individuals who invested in the business.
Court documents show that Lottman solicited investments in Champagne Manor by promising ownership interests, guaranteed financial returns, and other investment incentives. Prosecutors said those promises were supported by false statements designed to convince investors to provide funding despite the venue’s worsening financial condition.
Authorities also said Lottman marketed all-inclusive wedding packages that required couples to pay substantial amounts upfront for services including catering, photography, floral arrangements, entertainment, and hair and makeup. Customers were told those funds would be used to pay vendors directly or reimburse couples who selected their own vendors.
Instead, prosecutors said many vendors were never paid, leaving couples responsible for paying a second time for services they believed had already been covered through their wedding packages. The financial losses affected numerous families preparing for weddings, forcing some to absorb unexpected expenses while attempting to keep their events on schedule.
Federal investigators determined that by mid-2024, Champagne Manor had already defaulted on its mortgage and foreclosure proceedings had begun. Despite knowing the business faced severe financial difficulties and was unlikely to continue operating, Lottman continued accepting payments from new customers and investors without disclosing the venue’s deteriorating financial position.
According to court records, Lottman also made several additional false representations to persuade victims to invest or continue making payments. Among those claims was that Champagne Manor planned to acquire a large glass ballroom that would serve as collateral for certain investment opportunities. Investigators determined that no such purchase ever occurred.
Prosecutors further stated that Lottman promoted investment-style programs and special promotional offers that promised future repayments, refunds, or financial returns he knew could not be fulfilled. When promised payment dates passed without repayment, authorities said he repeatedly provided false explanations for the delays in an effort to keep victims from discovering the true financial condition of the business.
Wire fraud is a federal offense involving the use of electronic communications, including telephone calls, emails, text messages, electronic transfers, or other interstate communications, to carry out fraudulent schemes involving money or property. Federal prosecutors frequently use the statute in complex financial crime investigations involving deceptive business practices and investment fraud.
The wire fraud charge carries a statutory maximum sentence of 20 years in federal prison. The final sentence will be determined by the court after considering the advisory federal sentencing guidelines, the scope of the financial losses, victim impact, and other factors required under federal law. A sentencing hearing has not yet been scheduled.
The case was investigated by the Federal Bureau of Investigation (FBI). The prosecution is being handled by Special Assistant U.S. Attorney Eric Frick for the U.S. Attorney’s Office in Charlotte.
As the criminal case moves toward sentencing, victims may also pursue restitution through the federal court process. Restitution, when ordered, is intended to compensate victims for documented financial losses resulting from the offense, although recovery often depends on the defendant’s available assets and the court’s final judgment.
This case serves as another reminder that financial fraud can extend beyond traditional investment schemes, affecting families planning significant life events as well as individuals seeking legitimate business investment opportunities. Federal authorities continue to encourage anyone who believes they have been the victim of financial fraud to report the activity promptly so investigators can identify additional victims and preserve evidence before further losses occur.
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Whether it is a fraud scheme impacting $600 million (as the last article reported) or one like this one, these fraudsters need to be held accountable for “playing” with other people’s money. In this case:
“According to court records, Lottman also made several additional false representations to persuade victims to invest or continue making payments.”
Lying in an attempt to mislead others and steal their money is something that should have the possibility of a maximum sentence that is mentioned here.
As stated, “This case serves as another reminder that financial fraud can extend beyond traditional investment schemes…” We all need to be aware.
Thank you for this article.
You’re very welcome, Chris.
I completely agree. Whether the losses involve hundreds of dollars, hundreds of thousands, or even millions, financial fraud is ultimately built on the same foundation—deception and the abuse of trust. In this case, people were planning one of the most important days of their lives while others believed they were making legitimate investments, only to discover the promises they relied on were false.
You also make a good point about accountability. Cases like this remind us why these crimes are taken so seriously.
As you mentioned, fraud can extend far beyond traditional investment schemes. Cases like this show how financial crimes can impact people in many different ways, often when they least expect it.
Thank you again for reading the article and for leaving another thoughtful comment, Chris. It’s always greatly appreciated. I hope you have a great day ahead. 😎
You’re welcome, John, and thank you for this comment. What you stated about fraud being built on deception and the abuse of trust is so true. And your point about people facing this at the time they are planning one of the most important days of their lives makes this even more jolting.
Thank you again, John, and I hope you have a great day ahead!😊